The global bio-based & synthetic polyamide market is anticipated to grow at a considerable CAGR of 3.8% during the forecast period. Widely used of petrochemical polymers have noticed a negative impact on the environment, the need for bio-based material become widespread due to growing concern about sustainability and issues related to the environment. Moreover, the use of renewable raw materials has substantially reduced the carbon footprint and has a positive impact on the environment. Additionally, the established use of bio-based polyamides is not limited to only textiles, commodities, and automobiles the use of bio-based polyamides is increasingly utilized in the medical industry. Bio-based polyamides are used to manufacture prosthetic body parts, a casing of open MRI machines, and others. The polyamides used in the automotive include, bio-resins, fibres-based solution for the interior part, composite materials, and organic sheets. In addition, the formation of polyamides from renewable resources is one of the major driving factors that hold a potential market share in the coming years.
Get Free Sample link @ https://www.omrglobal.com/request-sample/bio-based-and-synthetic-polyamides-market
The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2021, Lanxess has entered into a strategic partnership with BP, on a project to produce plastics from sustainable raw materials, as a part of the partnership BP supplied sustainably produced cyclohexane to Lanxess’ production site in Antwerp, Belgium. Laxness uses cyclohexane in the production of polyamides 6, a high-performance plastic used primarily used in the automotive, electrical and consumer goods sector.
A full report of Global Bio-Based & Synthetic Polyamides Market available @ https://www.omrglobal.com/industry-reports/bio-based-and-synthetic-polyamides-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Bio-Based & Synthetic Polyamides Market, by Type
- PA6
- PA66
- Others (PA10, PA11, PA12)
Global Bio-based & Synthetic Polyamides Market, by End-User
- Automotive
- Packaging
- Construction
- Electrical & electronics
- Textile
- Others(film & coating, industrial)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AdvanSix Inc
- Arkema S.A.
- Ascend Performance Materials Operations LLC
- Domo Chemicals
- Dow Chemical Co.
- DSM
- EMS Group
- Evonik Industries AG
- Formosa Plastics Corp.
- Grupa Azoty
- Koch Industries Inc.
- Meyer Plastics Inc.
- RTP Co.
- SABIC UK Petrochemicals Ltd.
- SK Functional Polymer
- Teijin Aramid BV
- Toray Industries Inc.
The Report Covers
- Market value data analysis of 2022 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global bio-based & synthetic polyamides market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/bio-based-and-synthetic-polyamides-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
